Wealth.com, an AI-powered estate and tax planning platform for financial advisors, has raised $65 million in an oversubscribed Series B funding round led by Charles Schwab. The platform uses proprietary Ester AI for document analysis, scenario modeling, and integrated visualizations. The capital will fund product development, acquisitions, and geographic expansion.
TCJA Sunset Accelerates Demand
The round arrives ahead of the 2026 TCJA sunset, when the federal estate tax exemption halves from $13.99 million to about $7 million per person per PNFP analysis. Advisors face urgency to model scenarios for clients amid this $84 trillion wealth transfer. Competitor Vanilla raised $35M in 2024 for similar AI-assisted tools. Wealth.com differentiates with deterministic AI that executes end-to-end workflows.
Spreadsheets Fail Complex Estates
Financial advisors rely on fragmented spreadsheets and manual processes for estate and tax planning, limiting scalability for mass affluent to ultra-high-net-worth clients. Current tools often lack integrated tax analysis or state-specific compliance. This inefficiency persists despite 56% of Americans lacking estate plans per Trust & Will 2026 Report. Wealth.com addresses this by unifying data across 20+ platforms like Salesforce and Orion.
Ester AI Executes Full Workflows
Wealth.com's Ester Intelligence uses deterministic AI—trained on real law and attorney annotations—for accurate document summarization and 1,000+ calculations per estate. Unlike probabilistic models, it ensures advisor-grade precision without hallucinations. The platform integrates estate flow charts, tax optimization, and Vault storage. Recent launches include Tax Planning for Roth conversions and relocations.
As Rafael Loureiro, Co-Founder and CEO, noted:
"Wealth management technology is being rebuilt in real time."
Schwab Validates Enterprise Scale
Charles Schwab led the round, following its prior minority investment, joined by GV, Citi Ventures, and new backers like Pruven Capital and Dynasty. This mix signals strategic conviction in AI for broker-dealers and RIAs. Firms using the platform manage over $15 trillion in assets per company announcement. AI workflows grew 664% year-over-year.
Estate Software Hits $1.87B Projection
The global estate planning software market stands at $674 million in 2026, projected to reach $1.87 billion by 2033 at 12.3% CAGR per Verified Market Reports. Broader wealth management software grows from $6.28 billion in 2025 to $18.77 billion by 2033 per Grand View Research. Wealth.com holds #1 market share per 2025 Kitces AdvisorTech Study.
Competitors Narrow AI Gap
Bootstrapped FP Alpha integrates AI for broader planning but lacks specialized estate execution. GoodTrust ($7.3M raised per Crunchbase) and Trust & Will ($50M+ per Crunchbase) target consumers, not advisors. Vanilla's patent and funding chase advisor tools, but Wealth.com leads with enterprise integrations like LPL and Dynasty.
Emailage Exit Powers Team
Co-founders Rei Carvalho and Rafael Loureiro built Emailage, acquired by LexisNexis for ~$480 million in 2020 per LexisNexis press release. CFO Matthew Guimbarda was also at Emailage during the exit. CTO Kyle Pounder brings Meta data science expertise. This repeat success in fintech SaaS scales Wealth.com's 200+ employee team.
Acquisitions Fuel Global Push
Proceeds target product enhancements, M&A, and international growth, including a new NYC office in May. Partnerships with LPL (32,000 advisors) and Dynasty ($125B AUM) expand reach. Recent hires like Chris Nason, ex-McDermott trusts attorney, bolster private wealth expertise.